Kercheville Advisors, LLC

CIK

1890748

Location

San Antonio, TX

Portfolio Value

Small $270,085,403

Diversification

Diversified

Filing Date

Global Rank

#3,600 / 8,622 ▼ 108 · as of Mar 2026

Top Industry

Semiconductors 10.7%

3Y Alpha vs SPY

-0.4%

Period ended 4 months ago

Filed Apr 20, 2026 · 3mo

22 quarters · since Dec 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+69.3%

SPY

+67.9%

Annualised alpha

+0.3%

Max drawdown

−20.2%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

94 tracked positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

7.8%

+0.5 pts

Top 5

33.4%

+2.2 pts

Top 10

50.7%

+3.5 pts

HHI

359

Diversified+37

Portfolio Trend

22 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	24.1%	$65,041,452	17
Energy	16.7%	$45,225,951	15
Consumer Cyclical	11.6%	$31,360,641	6
Consumer Defensive	10.0%	$26,893,247	4
Communication Services	9.9%	$26,687,014	5
Basic Materials	9.7%	$26,091,747	7
Industrials	7.6%	$20,569,731	10
Financial Services	5.7%	$15,301,579	22
Healthcare	2.9%	$7,850,660	5
Unclassified	1.8%	$4,774,140	2
Utilities	0.1%	$289,241	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
IBRX	ImmunityBio, Inc.	+58,963	643,137	$4,932,860
EPD	Enterprise Products Partners L.P.	+52,620	93,320	$3,531,228
NVG	Nuveen AMT-Free Municipal Credit Income Fund	+30,014	66,600	$821,178
ET	Energy Transfer LP	+13,573	77,990	$1,505,207
UPST	Upstart Holdings, Inc.	+10,000	15,000	$384,750
WES	Western Midstream Partners, LP	+7,900	19,300	$794,581
IQI	Invesco Quality Municipal Income Trust	+5,000	21,000	$202,020
NEA	Nuveen AMT-Free Quality Municipal Income Fund	+4,619	146,035	$1,639,973
MU	Micron Technology Inc	+4,355	12,355	$4,174,013
MPLX	Mplx LP	+4,000	135,336	$7,723,625
BKR	Baker Hughes Co	+3,000	7,500	$457,875
WMT	Walmart Inc.	+2,314	63,544	$7,897,248
AKAM	Akamai Technologies Inc	+2,300	6,950	$798,207
TYG	Tortoise Energy Infrastructure Corp	+1,757	23,100	$1,151,535
T	At&T Inc.	+1,581	15,995	$463,695
MUX	McEwen Inc.	+1,000	11,000	$224,620
XOM	ExxonMobil Holdings Corp	+684	62,358	$10,579,658
VZ	Verizon Communications Inc	+626	5,867	$294,523
TEI	Templeton Emerging Markets Income Fund	+415	63,587	$382,157
CVX	Chevron Corp	+340	9,178	$1,898,928
COST	Costco Wholesale Corp /New	+280	12,480	$12,435,446
DE	Deere & Co	+220	2,260	$1,273,058
MRK	Merck & Co., Inc.	+203	4,003	$481,520
UPS	United Parcel Service Inc	+180	5,620	$552,895
V	Visa Inc.	+91	1,131	$341,833
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
SOFI	SoFi Technologies, Inc.	−197,675	12,290	$195,165
CELH	Celsius Holdings, Inc.	−67,283	176,710	$6,269,670
UEC	Uranium Energy Corp	−60,350	60,550	$817,425
LUV	Southwest Airlines Co	−39,350	90,174	$3,387,837
SLV	iShares Silver Trust	−35,675	21,825	$1,487,155
BE	Bloom Energy Corp	−16,360	31,855	$4,316,033
SLB	Slb Limited/Nv	−12,600	21,400	$1,099,746
PLTR	Palantir Technologies Inc.	−9,163	24,827	$3,631,693
AGI	Alamos Gold Inc	−8,177	77,124	$3,426,619
LVS	Las Vegas Sands Corp	−7,699	15,684	$845,053
CCJ	Cameco Corp	−6,810	43,227	$4,694,884
NFLX	Netflix Inc	−6,712	84,386	$8,113,713
BX	Blackstone Inc.	−5,691	28,160	$3,238,118
AMZN	Amazon Com Inc	−4,453	91,448	$19,045,874
GOOGL	Alphabet Inc.	−4,351	27,047	$7,777,635
UBER	Uber Technologies, Inc	−3,924	35,861	$2,579,481
BA	Boeing Co	−3,315	2,764	$550,118
DELL	Dell Technologies Inc.	−3,000	5,652	$927,662
META	Meta Platforms, Inc.	−2,963	17,544	$10,037,448
AMD	Advanced Micro Devices Inc	−2,635	18,125	$3,687,168
KGC	Kinross Gold Corp	−2,600	10,800	$329,616
TSLA	Tesla, Inc.	−2,550	15,815	$5,879,226
AEM	Agnico Eagle Mines Ltd	−2,262	103,568	$21,022,232
MSFT	Microsoft Corp	−2,234	14,982	$5,545,886
AVAV	AeroVironment Inc	−2,025	1,850	$338,642
No positions match the current search.

New Positions

Positions the filer opened this quarter

9 positions

Ticker	Company	Shares	Value
FANG	Diamondback Energy, Inc.	4,000	$791,160
HAL	Halliburton Co	17,050	$664,779
VLO	Valero Energy Corp/Tx	1,798	$444,249
GLW	Corning Inc /Ny	3,130	$425,586
STX	Seagate Technology Holdings plc	950	$372,172
WDC	Western Digital Corp	1,200	$324,588
XEL	Xcel Energy Inc	3,641	$289,241
MPC	Marathon Petroleum Corp	867	$211,704
NQP	NUVEEN PENNSYLVANIA QUALITY MUNICIPAL INCOME FUND	10,000	$119,300
No positions match the current search.

Sold Out

Positions the filer fully exited

21 positions

Ticker	Company	Shares	Value
BABA	Alibaba Group Holding Ltd	21,506	$3,152,349
BIDU	Baidu, Inc.	18,275	$2,387,811
IBIT	iShares Bitcoin Trust ETF	40,745	$2,022,989
JPM	Jpmorgan Chase & Co	6,195	$1,996,152
IE	Ivanhoe Electric Inc.	114,600	$1,831,308
CAVA	Cava Group, Inc.	27,600	$1,619,844
VIK	Viking Holdings Ltd	11,000	$785,510
TSM	Taiwan Semiconductor Manufacturing Co Ltd	2,050	$622,974
C	Citigroup Inc	4,245	$495,349
USAR	USA Rare Earth, Inc.	37,200	$442,680
FTAI	FTAI Aviation Ltd.	2,200	$433,070
APH	Amphenol Corp /De/	3,000	$405,420
SHAK	Shake Shack Inc.	4,000	$324,680
GE	General Electric Co	1,050	$323,431
NVO	Novo Nordisk A S	6,300	$320,544
ISRG	Intuitive Surgical Inc	495	$280,348
CRWD	CrowdStrike Holdings, Inc.	560	$262,505
RCL	Royal Caribbean Cruises Ltd	765	$213,373
INTC	Intel Corp	5,331	$196,713
IREN	IREN Ltd	4,200	$158,634
KTOS	Kratos Defense & Security Solutions, Inc.	2,000	$151,820
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

94 tracked positions · $270,085,403 total · filing declares 106 positions · $312,661,020 · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Technology Utilities

Showing 1–50 of 94 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AEM	Agnico Eagle Mines Ltd Basic Materials	Reduced	103,568	-2,262	$21,022,232	+17.2%	7.78%
NVDA	Nvidia Corp Technology	Reduced	114,226	-1,799	$19,921,014	−7.9%	7.38%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	91,448	-4,453	$19,045,874	−14.0%	7.05%
AAPL	Apple Inc. Technology	Reduced	70,137	-410	$17,800,069	−7.2%	6.59%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	12,480	+280	$12,435,446	+18.2%	4.60%
XOM	ExxonMobil Holdings Corp Energy	Added	62,358	+684	$10,579,658	+42.5%	3.92%
META	Meta Platforms, Inc. Communication Services	Reduced	17,544	-2,963	$10,037,448	−25.8%	3.72%
SUN	Sunoco LP Energy	Added	154,085	+2	$10,010,902	+24.0%	3.71%
NFLX	Netflix Inc Communication Services	Reduced	84,386	-6,712	$8,113,713	−5.0%	3.00%
WMT	Walmart Inc. Consumer Defensive	Added	63,544	+2,314	$7,897,248	+15.8%	2.92%
GOOGL	Alphabet Inc. Communication Services	Reduced	27,047	-4,351	$7,777,635	−20.9%	2.88%
MPLX	Mplx LP Energy	Added	135,336	+4,000	$7,723,625	+10.2%	2.86%
GEV	GE Vernova Inc. Industrials	Reduced	7,637	-270	$6,666,337	+29.0%	2.47%
CELH	Celsius Holdings, Inc. Consumer Defensive	Reduced	176,710	-67,283	$6,269,670	−43.8%	2.32%
TSLA	Tesla, Inc. Consumer Cyclical	Reduced	15,815	-2,550	$5,879,226	−28.8%	2.18%
MSFT	Microsoft Corp Technology	Reduced	14,982	-2,234	$5,545,886	−33.4%	2.05%
IBRX	ImmunityBio, Inc. Healthcare	Added	643,137	+58,963	$4,932,860	+326.5%	1.83%
CCJ	Cameco Corp Energy	Reduced	43,227	-6,810	$4,694,884	+2.6%	1.74%
BE	Bloom Energy Corp Industrials	Reduced	31,855	-16,360	$4,316,033	+3.0%	1.60%
MU	Micron Technology Inc Technology	Added	12,355	+4,355	$4,174,013	+82.8%	1.55%
AMD	Advanced Micro Devices Inc Technology	Reduced	18,125	-2,635	$3,687,168	−17.1%	1.37%
PLTR	Palantir Technologies Inc. Technology	Reduced	24,827	-9,163	$3,631,693	−39.9%	1.34%
EPD	Enterprise Products Partners L.P. Energy	Added	93,320	+52,620	$3,531,228	+170.6%	1.31%
AGI	Alamos Gold Inc Basic Materials	Reduced	77,124	-8,177	$3,426,619	+4.1%	1.27%
LUV	Southwest Airlines Co Industrials	Reduced	90,174	-39,350	$3,387,837	−36.7%	1.25%
GLD	Spdr Gold Trust	Reduced	7,639	-80	$3,286,985	+7.4%	1.22%
BX	Blackstone Inc. Financial Services	Reduced	28,160	-5,691	$3,238,118	−37.9%	1.20%
SBUX	Starbucks Corp Consumer Cyclical	Reduced	33,074	-498	$2,963,099	+4.8%	1.10%
UBER	Uber Technologies, Inc Technology	Reduced	35,861	-3,924	$2,579,481	−20.7%	0.96%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	4,716	-150	$2,259,907	−7.6%	0.84%
CAT	Caterpillar Inc Industrials	Reduced	2,865	-10	$2,029,737	+23.2%	0.75%
SNPS	Synopsys Inc Technology	Held	4,981	0	$1,974,866	−15.6%	0.73%
CVX	Chevron Corp Energy	Added	9,178	+340	$1,898,928	+41.0%	0.70%
LLY	ELI LILLY & Co Healthcare	Reduced	2,048	-1,728	$1,883,688	−53.6%	0.70%
UTG	Reaves Utility Income Fund Financial Services	Reduced	47,645	-345	$1,871,495	+6.6%	0.69%
NEA	Nuveen AMT-Free Quality Municipal Income Fund Financial Services	Added	146,035	+4,619	$1,639,973	−0.3%	0.61%
MCD	Mcdonalds Corp Consumer Cyclical	Reduced	5,094	-24	$1,583,164	+1.2%	0.59%
ET	Energy Transfer LP Energy	Added	77,990	+13,573	$1,505,207	+41.7%	0.56%
SLV	iShares Silver Trust	Reduced	21,825	-35,675	$1,487,155	−59.9%	0.55%
DE	Deere & Co Industrials	Added	2,260	+220	$1,273,058	+34.0%	0.47%
TYG	Tortoise Energy Infrastructure Corp Financial Services	Added	23,100	+1,757	$1,151,535	+31.9%	0.43%
SLB	Slb Limited/Nv Energy	Reduced	21,400	-12,600	$1,099,746	−15.7%	0.41%
NAD	Nuveen Quality Municipal Income Fund Financial Services	Reduced	92,301	-405	$1,061,461	−4.7%	0.39%
HD	Home Depot, Inc. Consumer Cyclical	Held	3,175	0	$1,044,225	−4.4%	0.39%
CSCO	Cisco Systems, Inc. Technology	Reduced	12,715	-1,000	$986,556	−6.6%	0.37%
ALG	Alamo Group Inc Industrials	Reduced	5,900	-100	$973,323	−3.4%	0.36%
DELL	Dell Technologies Inc. Technology	Reduced	5,652	-3,000	$927,662	−14.8%	0.34%
LVS	Las Vegas Sands Corp Consumer Cyclical	Reduced	15,684	-7,699	$845,053	−44.5%	0.31%
NVG	Nuveen AMT-Free Municipal Credit Income Fund Financial Services	Added	66,600	+30,014	$821,178	+77.3%	0.30%
UEC	Uranium Energy Corp Energy	Reduced	60,550	-60,350	$817,425	−42.1%	0.30%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.